What is deferred compensation?

Answer Deferred compensation is an arrangement between an employee and employer. The employer holds back wages from the employee, and the earnings go into an interest-bearing account for the employee.Tax ... Read More »

Top Q&A For: What is deferred compensation

Is deferred compensation excluded from the definition of gross compensation?

According to tax regulations at Title 26 CFR § 1.414(s)-1(c)(3), deferred compensation is, under most cases, defined as "a safe harbor alternative" and thus is excluded from the definition of gros... Read More »

What is deferred compensation 457?

457 deferred compensation plans are tax-deferred retirement plans. Plans are funded through salary reductions, and available to employees of some state and local governments and tax-exempt organiza... Read More »

Can deferred compensation be rolled into 401 k?

Can just plain old deferred compensation be rolled into a 401K plan NO.Go to the IRS gov website and use the search box for Publication 575, Pension and Annuity Income.RolloversIf you withdraw cash... Read More »

What is a deferred compensation plan?

A deferred compensation plan is one in which a portion of an employee's income is withheld for payment at a later date, usually for the purpose of retirement investing. For example, New York City o... Read More »